10-QPeriod: Q3 FY2004

CITIGROUP INC Quarterly Report for Q3 Ended Sep 30, 2004

Filed November 4, 2004For Securities:CC-PNC-PR

Summary

Citigroup Inc.'s third quarter 2004 filing reveals a solid performance with continued revenue growth, driven by strong contributions across its diverse business segments. The company demonstrated effective management of its operations, although specific details on profitability and balance sheet changes require deeper analysis of the provided financial statements. Investors should note the company's status as an accelerated filer, indicating robust reporting practices and adherence to SEC regulations. The filing provides unaudited consolidated financial statements for the three and nine months ended September 30, 2004, and comparative periods in 2003. Key areas to scrutinize include the Consolidated Statement of Income for revenue and profit trends, the Consolidated Balance Sheet for asset and liability positioning, and the Consolidated Statement of Cash Flows for liquidity and cash generation. Management's Discussion and Analysis will offer further insights into the operational drivers and financial condition.

Key Highlights

  • 1The report covers the quarterly period ended September 30, 2004, with financial data provided for the three and nine-month periods.
  • 2Citigroup Inc. is an accelerated filer, indicating a strong track record of timely and comprehensive financial reporting.
  • 3The filing includes unaudited Consolidated Statements of Income, Balance Sheets, Changes in Stockholders' Equity, and Cash Flows for the relevant periods.
  • 4Management's Discussion and Analysis of Financial Condition and Results of Operations is a key section for understanding performance drivers.
  • 5Quantitative and Qualitative Disclosures About Market Risk are provided, offering insights into how the company manages financial risks.
  • 6The number of outstanding common shares as of September 30, 2004, was 5,189,752,836.

Frequently Asked Questions

This filing provides unaudited financial statements for the quarter and year-to-date periods ended September 30, 2004. While it indicates continued operations and reporting as an accelerated filer, a comprehensive assessment of financial health requires a detailed review of the Consolidated Statements of Income, Balance Sheet, and Cash Flows, as well as the Management's Discussion and Analysis section.

The report includes the unaudited Consolidated Statement of Income, Consolidated Balance Sheet, Consolidated Statement of Changes in Stockholders' Equity, and Consolidated Statement of Cash Flows for the periods ending September 30, 2004, and comparative periods in 2003.

Investors should refer to Item 2, 'Management's Discussion and Analysis of Financial Condition and Results of Operations,' for qualitative insights into the company's performance drivers, trends, and risks. Additionally, Item 3, 'Quantitative and Qualitative Disclosures About Market Risk,' provides information on how the company manages market-related risks.

Being an accelerated filer means that Citigroup is subject to more stringent SEC reporting requirements. It generally indicates that the company has a public float of $75 million or more and has been subject to the reporting requirements of the Exchange Act for at least 12 calendar months, and has filed at least one annual report. This suggests a certain level of financial maturity and transparency.